Algorithmic trading

471 articles tagged with this keyword

/Algorithmic trading

JP Morgan reshuffles management to target algo traders

JP Morgan has announced changes to its senior management designed to cater for the growing number of trading counterparties using algorithms and electronic platforms.

/Algorithmic trading

Fidessa names new bidders

The last minute entrants into the bidding war for UK technology provider Fidessa have been named as financial technology firm Ion Investment Group and the US financial services group SS&C Technologies.

/Algorithmic trading

Researchers develop algo that uses Twitter to predict the stock market

Researchers from a Dutch university have developed an algorithm that scans tweets about stocks, successfully predicting price fluctuations.

/Algorithmic trading

Fired Barclays trader testifies about use of FX algos

A London court has heard testimony from a fired Barclays FX trader about his use of the bank's FX algorithmic trading system in his bid to win his job back, reports Bloomberg.

/Algorithmic trading

ESMA delays MiFID II rules on dark pool caps

The European Securities and Markets Authority (ESMA) has delayed the introduction of new rules on dark pool trading, a key part of its MiFID II initiative.

/Algorithmic trading

FCA slaps trader who outfoxed algos with £60k fine

A former Bank of America Merrill Lynch trader has been fined £60,090 by the Financial Conduct Authority (FCA) for tricking algorithms into buying loans.

/Algorithmic trading

SEC and exchanges in spat over surveillance system

A row has broken out between the US capital markets watchdog and a number of exchanges over the plan to impose a new market surveillance system on the US equities and options market.

/Algorithmic trading

HKEx closes iconic trading floor as it goes all-electric

The iconic Trading Hall in the Hong Kong Exchange, which has stood through the 1997 Asia financial crash, SARS and countless boom and busts, has closed for the final time today as it became the latest stock exchange to adopt electronic trading throughout.

/Algorithmic trading

Fake news: Dow Jones blames technical error for headlines claiming Google is buying Apple

Dow Jones has blamed a "technical error" for a series of fake news headlines on Tuesday morning which claimed that Google was acquiring Apple for the bargain price of $9 billion.

/Algorithmic trading

CFTC commissioner: plans to seize algo trading source code are 'D-E-A-D'

The Commodity Futures Trading Commission (CFTC) is killing off controversial plans to seize algorithmic traders' source code.

/Algorithmic trading

Goldman trebles algo bond trading programme

Investment bank Goldman Sachs has expanded the use of algorithmic trading in its fixed income division in a move that will treble the number of bonds included in the programme to 7,000.

/Algorithmic trading

OTC Markets cries foul over SEC funding demands

Alternative trading system (ATS) operator OTC Markets Group has argued that the Securities and Exchange Commission should revise the proposed fee schedule for the Consolidated Audit Trail (CAT) system the SEC is creating to monitor trading in all exchange-listed equities and options following the 2010 "flash crash".

/Algorithmic trading

ICE brings precise timing to UK data centre for MiFID II compliance

In a high-frequency trading world where every microsecond counts, Intercontinental Exchange has struck a deal with the UK's National Physical Laboratory to ensure co-location customers at its data centre in Basildon get precise timing.

/Algorithmic trading

Guilty trader 'refuses' to turn over stolen software

An ex Goldman Sachs trader who stole software from his employer has disobeyed a judge's order to turn over the stolen intellectual property so that he can profit from it upon his release, a London court heard

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Nasdaq asks SEC for speed bump to protect retail traders

The US-based exchange has applied to the Securities and Exchanges Commission (SEC) for an extended life priority order attribute, or speed bump, in an effort to level the playing field for long-term retail traders who feel they have been losing out to high speed frequency traders, reports the Financial Times.

/Algorithmic trading

Andreessen Horowitz invests in crowdsourced quant investment firm Quantopian

VC royalty Andreessen Horowitz has led a $25 million Series C funding round for Quantopian, a platform that crowdsources investment algorithms from its online community of amateurs.

/Algorithmic trading

CFTC stirs outrage over algo trading source code proposals

The Commodity Futures Trading Commission (CFTC) has approved proposals that would give it easier access to algorithmic traders' source code.

/Algorithmic trading

ECB calls for gradual approach to HFT regulation

The European Central Bank (ECB) is calling for a restrained approach to high-frequency trading regulation, arguing that more emphasis should be placed on high-frequency quoting.

/Algorithmic trading

Robots blamed for sterling flash crash

Robot traders are being blamed for a currency rout which saw the pound plunge by six percent in just two minutes in early Asian trading Friday.

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UBS synchs trading infrastucture to NPL atomic clock

UBS has signed a deal with the UK's National Physical Laboratory for a trusted timestamping service that operates independently of GPS timing, removing susceptibility to jamming, spoofing, urban canyon effects and space weather during high frequency trading.